Taiwan Stock Market Surges Above 23,000

Reported 8 months ago

On June 19, 2024, the Taiwan stock market saw a significant increase as funds poured in, with the weighted index closing at 23,209 points and reaching a historical high of 23,275 points during the day. NVIDIA's market value took the global lead, with foreign investments totaling 666 billion NT dollars over two days. The four major AI-weighted stocks, including TSMC, Hon Hai, MediaTek, and Quanta AI, surged, contributing to a collective increase in market capitalization of 1.27 trillion NT dollars. The market value of the top 50 stocks in Taiwan rose to a new high of 4.19 trillion NT dollars, reflecting the market's overall bullish trend.

Source: YAHOO

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